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The Guardian - UK
The Guardian - UK
Business
Lauren Almeida

Oil prices fall as Trump says strait of Hormuz ‘open to all’ if Iran accepts deal

ships at anchor in the waters of the strait of Hormuz
Up to 1,600 ships are stranded in the strait of Hormuz. Photograph: Amirhossein Khorgooei/ISNA/AFP/Getty Images

Oil prices fell and stock markets rose as Donald Trump said the war with Iran would end and the strait of Hormuz would be “open to all” if Tehran struck a deal with Washington.

The US president posted on social media: “Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective Blockade will allow the Hormuz Strait to be OPEN TO ALL, including Iran.”

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